March 2019 U.S. cutting tool consumption totaled $210.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 2.3 percent from February’s $205.6 million and up 1.6 percent when compared with the $207.1 million reported for March 2018. With a year-to-date total of $631.1 million, 2019 is up 8.6 percent when compared with 2018. (more)
Manufacturing technology orders tallied a value of $413.7 million in March 2019, a 26 percent increase over February but a 20 percent decline over an exceptional March 2018, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing. The first three months of 2019 saw total orders at $1.13 billion, a 9.5 percent decline over the same timeframe in 2018. These numbers suggest that the market is still strong, but growth is beginning to slow.
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AMT-The Association For Manufacturing Technology announces today that Travis Egan has joined our organization as the Vice President of Business Development. His focus will be introducing our current suite of innovative offerings to AMT members and developing new products, services, and markets. (more)
What do security, ‘fog’ and edge computing, 5g cellular, and digital twins have in common? They’re among the critical opportunities and issues shaping the industrial Internet of things, which is the focus of the November webinar of the Manufacturing Tech Council. (more)
Examining the current state of nano and advanced materials. Exploring the future for manufacturers.
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The MT360 event in June will feature Cognitive Automation, the use of AI and Machine Learning to improve the capabilities of automated systems.
(more)When I visit Joe Gibbs Racing headquarters in Huntersville, N.C., Coach Gibbs either invites me up to his office or tracks me down to find out what’s going on in the world of manufacturing. It’s rare when I visit a customer that I am not asked about what’s going on in our industry, our economy, and especially, new technologies and products. Generally, I’m questioned, “What industries are up? What industries are down? Are the tariffs helping or hurting our members? What should I be worrying about?” We discuss the economy and AMT’s benchmarking reports. The one thing Coach Gibbs never fails to ask about are the hot new emerging technologies.
(more)Following the financial meltdown in 2010, it was widely reported that there were 600,000 job openings unfilled in our industry as a result of the skills gap. That number, repeated again and again by news sources, was a static look at an extremely fluid number, which varies month-to-month. It’s derived from the monthly JOLTS report.
(more)The China International Machine Tool Show (CIMT) is complete. The show was huge and the attendee numbers were unbelievable.
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Founded in 1902, AMT – The Association For Manufacturing Technology represents builders and distributors of manufacturing technology -- the advanced machinery, devices, and digital equipment that U.S. manufacturing relies on to be productive, innovative, and competitive. Located in McLean, VA, near the nation's capital, AMT acts as the industry's voice to speed the pace of innovation, increase global competitiveness and develop manufacturing's advanced workforce of tomorrow. With extensive expertise in industry data and intelligence, as well as a full complement of international business operations, AMT offers its members an unparallelled level of support. AMT also produces IMTS - The International Manufacturing Technology Show, the premier manufacturing technology event in North America.
AMT's goal is to provide the programs and services that will grow members' businesses in every facet - -product innovation, market expansion, employee development - and to represent and promote members and the manufacturing technology (MT) industry to the world at large. Find out if your company is eligible for AMT membership.
At AMT, we understand that our members have two main objectives in running their businesses – increasing sales and decreasing costs! Understanding this fundamental perspective, we strive to address this need in specific ways.
AMT's goal is to provide the programs and services that will grow members' businesses in every facet - -product innovation, market expansion, employee development - and to represent and promote members and the manufacturing technology (MT) industry to the world at large. Find out if your company is eligible for AMT membership.
At AMT, we understand that our members have two main objectives in running their businesses – increasing sales and decreasing costs! Understanding this fundamental perspective, we strive to address this need in specific ways.
- Providing access to markets in the U.S. and around the world.
- Producing industry intelligence that will position your business for success and allow you to make informed decisions.
- We bolster those core solutions with unique networking and engagement opportunities, by hosting industry events; advocating for the industry; building a Smartforce; and providing access to leading edge, and potentially disruptive, technologies.
Access To Markets
Anywhere in the world you want to be, AMT is uniquely positioned to build sales and support your business. AMT’s Global Services range from domestic business support to full-service tech centers. We provide access to markets in the United States and around the world.
Explore a foreign market by participating in an AMT/USA pavilion or AMT oversea technical center. Utilize an AMT foreign office or visit your potential customers where the purchasing decisions are made with AMT trade missions.
Manufacturing Technology
Tech Trends addresses trends in manufacturing technology from three perspectives:
- Newly accepted production technologies
- Greatest needs and challenges still remaining
- Areas of interest within R&D
Standards
MTConnect is an open communication standard that provides the capability to pass data from machine tools to higher level systems for further processing using the XML-based standard.
The ANSI B11 series of American National Standards and Technical Reports deal with machine tool safety and specify requirements for both the suppliers and users of the machines.
The Metalworking Skill Standards are common skills and competencies a worker needs to perform well on the job.
Industry Intelligence
Knowledge of the current and coming economic environment, as well as the manufacturing technology industry and its customers is the key to strategic planning. Gain this data and accompanying analysis from AMT's Global Forecasting & Marketing Package (GFMP).
We provide unique analysis of trends impacting your company, markets and customers.
- United States Manufacturing Technology Orders (USMTO) - The only valid benchmark for market share and the best barometer of your customers' business.
- MTInsight allows you to visualize economic trends, pinpoint market share and review potential capital investment worldwide.
- On-demand market research tailored to your company's needs
Contact AMT's industry and research analysts for your tailored research and to participate in any of AMT's benchmarking surveys.
